By Marisa Wong
Los Angeles, April 6 – The local executive body of the Almaty region of Kazakhstan placed KZT 2 billion of 0.35% two-year debt securities at a special trading session held on Monday, according to a Kazakhstan Stock Exchange announcement.
The amount issued represents 100% of the issuer’s planned placement.
Proceeds will be used to fund housing construction as part of state and government programs.
The issuer has registered to issue a total of KZT 4 billion of the 0.35% two-year bonds.
| Issuer: | Almaty, Kazakhstan
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| Issue: | Debt securities
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| Amount: | KZT 2 billion
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| Maturity: | April 6, 2022
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| Coupon: | 0.35%
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| Trade date: | April 6
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| Settlement date: | April 6
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